Commerical Mortgage Application

Introducer Details
Name Contact email
Company: Contact: Originator No.:

Telephone:

Fax:

Mobile

Type of Loan Sought Variable:
Years _______

Fixed:

Years ________

Loan Product Full Doc
Standard High LVR Specialised

(tick applicable)

Low Doc
Standard High LVR Specialised

No Doc
Standard

Loan Summary
Loan Amount: Security Value: LVR: $_______________ $_______________ ________________%

Application Checklist
All Loans
Signed Application Form 100 pt ID Copy of front page of Purchase Contract (Purchase)

Copy of Leases or rental statements for all leased security properties
12 months existing loan statements or letter of Good Conduct (Refinance only) Rates Notice (Refinance only)

Telephone:

Low Doc Home Loans Pty Ltd ABN 104 060 684 Level 1, 19 Young Street, Neutral Bay NSW 2089 (02) 9659 7377 Fax: (02) 9659 7399 email: esales@lowdoc.com.au

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Corporate Borrowers
Company Name: Registered Address: State: Name of Trust (if applicable): Telephone Number: email Address: Description of Business: Date of Incorporation: Fax Number: Web Page Postcode: A.B.N.:

PERSONAL PATRICULARS OF DIRECTORS, SHAREHOLDERS AND OTHER PERSONS ACTING AS GURANTORS TO BE COMPLETED BELOW

Personal Details of Individuals / Guarantors / Directors
Surname: Other Names: Date of Birth: Drivers Licence No.: Present Address: Marital Status: Surname: Other Names: Date of Birth Drivers Licence No.: Present Address: Marital Status:

Postcode: Previous Address Postcode: Telephone: Mobile: email: Bus: Fax:

for

years Previous Address:

Postcode:

for

years

for

years Telephone: Mobile email:

Postcode: Bus: Fax:

for

years

Occupation (If self employed job description and industry)

Occupation (If self employed job description and industry)

Employed by:

Employed by:

Since
Previously Employed by:

/

/
Previously Employed by:

Since

/

/

From
Annual Gross Income:

/

/

to

/

/

From
Annual Gross Income:

/

/

to

/

/

Telephone:

Low Doc Home Loans Pty Ltd ABN 104 060 684 Level 1, 19 Young Street, Neutral Bay NSW 2089 (02) 9659 7377 Fax: (02) 9659 7399 email: esales@lowdoc.com.au

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Loan Details
Amount $ Principle & Interest or Interest Only Term

Years

Months

Fixed / Variable

Purpose of Loan: (a full break up and description of all fund utilization) Purchase Price: Refinance Amount: Working Capital: Estimate Costs: Total: Less Deposit Paid: Own Funds: Loan Amount:

$ $ $ $ $ $ $ $

Applicant Declaration
1. Have you ever been declared bankrupt or insolvent or has your estate been assigned for the benefit of creditors? Yes /No

2. Have you ever been a shareholder or office of any company of which a manager, receiver and/or liquidator has been appointed? Yes / No 3. Is there any unsatisfied judgment entered in any court against you, or any company of which you are or were a shareholder or officer ? Yes / No 4. Have you, or any company with which you are or were associated, ever has a property sold through mortgagee sale proceedings?

Yes / No

5. Has any application in respect of this loan been submitted by you, or any other person, to any other lender? If so, give details Yes / No 6. Is this application made on behalf of a Trust? If so, give details Yes / No

I/We hereby apply for a loan and certify that the above statements are true and correct and will remain true and correct unless and until I/We notify you otherwise in writing. I/We agree to pay all costs and expenses reasonably incurred in consequence of this application, to the extent that such payments are permitted by law. I/We authorise you to arrange a valuation of the security offered, provided that approval “in principle” of this loan has been granted and I/We understand that such a valuation will be required from an approved registered valuer, and that no refund of valuation fees will be made in the event that the valuation does not meet your requirements. My solicitor/agent is authorised to accept any notification on my/our behalf. If a loan is approved in principle, you will issue me/us a letter of offer. If I/we accept the offer, I/We will be bound by it’s terms and conditions. I/We agree to execute a first ranking mortgage over the security property. SIGNATURE (1) __________________________ PRINT NAME ______________________ DATE _____________

SIGNATURE (2) __________________________ PRINT NAME _______________________ DATE _____________

Telephone:

Low Doc Home Loans Pty Ltd ABN 104 060 684 Level 1, 19 Young Street, Neutral Bay NSW 2089 (02) 9659 7377 Fax: (02) 9659 7399 email: esales@lowdoc.com.au

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Security Property 1
Description of Property:

Address: State: Purchase Price $ If Let – Tennant Contact Name for Our Valuer: Current Lender: Postcode: Estimated Value: $ Gross Rents $ Contact Number: Current Balance: $

Security Property 2
Description of Property:

Address: State: Purchase Price $ If Let – Tennant Contact Name for Our Valuer: Current Lender: Postcode: Estimated Value: $ Gross Rents $ Contact Number: Current Balance: $

Contacts
SOLICITOR Address: Phone No: email: ACCOUNTANT Address: Phone No: email: BANK Address: Phone No: Fax No: Low Doc Home Loans Pty Ltd ABN 104 060 684 Level 1, 19 Young Street, Neutral Bay NSW 2089 (02) 9659 7377 Fax: (02) 9659 7399 email: esales@lowdoc.com.au Firm: Contact: Fax No: Firm: Contact: Fax No: Firm: Contact:

Telephone:

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STATEMENT OF ASSETS AND LIABILITIES
NOTE: EVERY SECTION OF THIS STATEMENT MUST BE COMPLETED, IF SECTION NOT APPLICABLE WRITE “NIL”
Use separate sheet for each company and individual

ASSETS
Value $ Property 1: (Address)

LIABILITIES
Lender Existing Mortgage: (Lender) Monthly Payments Total Owing $

Property 2: (Address)

Existing Mortgage: (Lender)

Property 3: (Address)

Existing Mortgage: (Lender)

Property 4: (Address)

Existing Mortgage: (Lender)

Car/s 1. Car/s 2. Furniture/Equipment etc

Lease/Hire Purchase Lease/Hire Purchase Lease/Hire Purchase

Caravan, Boat, Motorcycles etc

Personal Loans Other (give details)

Other (give details)

Cash at Bank 1. 2. Deposit Paid Superannuation

Credit Cards Lender/Limits) 1. 2.

(Name

of

Other

Taxation Liability $ Years Other Liabilities Eg Bank Overdraft (Give details) Any Contingent Liability, partnership or company interests or other eg guarantees (give details on back page)

TOTAL ASSETS

$

TOTAL LIABILITIES NET ASSETS

$ $

$

SIGNATURE (1) __________________________ PRINT NAME ______________________ DATE _____________ SIGNATURE (2) __________________________ PRINT NAME _______________________ DATE _____________

Telephone:

Low Doc Home Loans Pty Ltd ABN 104 060 684 Level 1, 19 Young Street, Neutral Bay NSW 2089 (02) 9659 7377 Fax: (02) 9659 7399 email: esales@lowdoc.com.au

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Privacy Act Declarations
I/We acknowledge that in accordance with s.18E(8)(c) of the Privacy Act 1988, certain items of personal information about me/us contained in this application and permitted to be kept on a credit information file, may be disclosed to a credit reporting agency.

Authority to exchange information with other credit providers
In accordance with Section 18N(I)(b) of the Privacy Act, I/we authorise Low Doc Home Loans Pty Ltd, Oriental Bay Pty Ltd and other concerned companies to give and obtain from credit providers, accountants, lawyers, and credit providers that may be named in a credit report issued by a credit reporting agency, information about my/our credit arrangements. I/we understand that this information can include any information about my/our credit worthiness, credit standing, credit history, or credit capacity that credit providers are allowed to give or receive from each other under the Privacy Act 1988.

I/We understand the information may be used for the following purposes:

To assess an application by me/us for credit. To assist me/us avoid defaulting on my/our credit obligations. To notify other credit providers of a default by me/us. To assess my/our credit worthiness.

Declaration of Financial Position
I/We certify warrant and represent to you that:
I am/we are aware of our financial obligations under our proposed loan with you; I/we have fully disclosed to you all details of our income and expenditure; and I am/we are satisfied that our obligations to you will not adversely impact our ability to meet all my/our other financial obligations (including living expenses) as and when they fall due. I/We acknowledge that you are relying on this statement in considering whether or not to approve this loan application.

Declaration of Purpose
I/We declare that the credit to be provided to me/us by the credit provider is to be applied wholly or predominantly (ie in excess of half of the loan amount) for business or investment purposes (or both purposes)

IMPORTANT
You should NOT sign this declaration unless this loan is wholly or predominantly for business or investment purposes. By signing this declaration you may lose your protection under the Consumer Credit Code.
I/We agree to provide declarations of purpose of the credit whenever required by the Credit Provider. I/We declare that I am/we are over the age of 18 and the information contained in this application and attached statements are true and correct in every particular and it is upon this basis that I/we make this application. SIGNATURE (1) __________________________ PRINT NAME ______________________ DATE _____________

SIGNATURE (2) __________________________ PRINT NAME _______________________ DATE _____________

Telephone:

Low Doc Home Loans Pty Ltd ABN 104 060 684 Level 1, 19 Young Street, Neutral Bay NSW 2089 (02) 9659 7377 Fax: (02) 9659 7399 email: esales@lowdoc.com.au

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Brief Overview * Tell us why this is a good loan, include background etc

Exit Strategy* How will loan be repaid?

* must be completed for loan to be assessed.

Telephone:

Low Doc Home Loans Pty Ltd ABN 104 060 684 Level 1, 19 Young Street, Neutral Bay NSW 2089 (02) 9659 7377 Fax: (02) 9659 7399 email: esales@lowdoc.com.au

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